Nepal, fertile land for investment, PM says

Kathmandu, March 16: Prime Minister Pushpa Kamal Dahal 'Prachanda' has said Nepal is a fertile land for investment. While inaugurating the sixth International Trade Fair at local Bhrikutimandap today, the Prime Minister said an investment-friendly atmosphere has been established in Nepal with the political confusion clearing up. On the occasion, he called upon the national and international community not to have doubt in investing in Nepal. The fair jointly organised by the government and Federation of Nepalese Chambers of Commerce and Industry (FNCCI) will run until March 20. PM Dahal further said a sophisticated building would be constructed at Chhobhar in the capital for organizing such fairs and the Cabinet meeting today will take decision in this connection. He added that the political agendas were gradually implementing and government was ready to work together with private sectors to achieve economic progress in the country. Traders from China, India, Pakistan, Bangladesh, Thailand and Bhutan are participating in the fair. Speaking in the programme, FNCCI chair Pashupati Muraraka said that the fair will be a meeting point for buyers, sellers and manufacturers. Similarly, FNCCI vice chair Bhawani Rana urged the government to create safety environment for investment. On the occasion, traders, investors, envoys and high level government officials of these countries were present.The fair has showcased various 304 stalls related to food, textiles, herbs, handicraft among other products. RSS